diff --git a/README.md b/README.md
index f35c6e5880..a2ee9a718f 100644
--- a/README.md
+++ b/README.md
@@ -3,4 +3,80 @@ UAVCAN - CAN bus for UAV
 
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-Reference implementation of the [UAVCAN protocol - CAN bus for UAV](http://uavcan.org/).
+Reference implementation of the [UAVCAN protocol stack](http://uavcan.org/).
+
+## Usage
+
+Please refer to <http://uavcan.org/Implementations>.
+
+## Installation
+
+### Posix
+
+Prerequisites:
+
+* CMake v2.8+
+* Python 3.2+ or Python 2.7
+* Any C++03 or C++11 (preferred) compiler
+
+Installation:
+```bash
+mkdir build
+cd build
+cmake .. # Optionally, set the build type: -DCMAKE_BUILD_TYPE=Release (default is RelWithDebInfo)
+make
+make install
+```
+
+The make command will generate the C++ headers for all standard DSDL types and build the static library for libuavcan.
+
+The make install command will install the following components:
+
+* Libuavcan library.
+* All standard DSDL type definitions.
+* All generated headers for the standard DSDL types.
+* Pyuavcan package (it will be installed for the default Python version).
+* Libuavcan DSDL compiler - `libuavcan_dsdlc` (use `--help` to get usage info).
+* *Linux only:* Linux drivers for libuavcan (see `libuavcan_drivers/linux/`).
+
+### Microcontrollers
+
+No installation required.
+
+#### Using non-make build system
+
+1. Invoke the libuavcan DSDL compiler `libuavcan_dsdlc` to generate C++ headers, or include the headers directly from the system directories if they are installed on your host system (described above).
+2. Add the source files and include directories into your project:
+    1. Libuavcan source files.
+    2. Libuavcan include directory.
+    3. Directory containing the hierarchy of generated headers.
+    4. Source files of the libuavcan driver for your platform (refer to the directory `libuavcan_drivers/`).
+    5. Include directories of the libuavcan driver for your platform.
+3. Build.
+
+#### Using make
+
+It's much easier.
+
+1. Include `libuavcan/include.mk`.
+2. Use the variables `LIBUAVCAN_*` to retrieve the list of source files and include directories.
+3. Use the variable `LIBUAVCAN_DSDLC` to invoke the DSDL compiler to generate headers (i.e. add a make target for that). Alternatively, invoke the compiler by hand, or include the headers directly from the system directories if they are installed on your host system (described above).
+4. Use the make script for your platform driver. Normally it's `libuavcan_drivers/<PLATFORM>/driver/include.mk`. Refer to the relevant examples to your platform to see how exactly.
+
+## Library development
+
+Despite the fact that the library itself can be used on virtually any platform that has a standard-compliant C++03 or C++11 compiler, the library development process assumes that the host OS is Linux.
+
+Prerequisites:
+
+* Google test library for C++ - gtest
+* Static analysis tool for C++ - cppcheck
+* C++03 *and* C++11 capable compiler with GCC-like interface (e.g. GCC, Clang)
+
+Building the debug version, running the unit tests and the static analyzer:
+```bash
+mkdir build
+cd build
+cmake .. -DCMAKE_BUILD_TYPE=Debug
+make            # This may take a lot of time to build multiple versions and run all tests
+```